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Mellody isPresident of Ariel Investments, a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds and separate accounts. Additionally, she is a regular financial contributor and analyst for CBS news.
Mellody: We have all seen the news the last few months and years. The streak really began with Toyota and their acceleration problems in 2009-2010, and more recently GM is having a really rough time. having initiated a number of recalls since the beginning of the 2014, the most recent of which occurred just last week, the number GM of automobiles affected has reached over 15 million cars worldwide so far this year. But considering all of the coverage the recalls have received, there has been relatively little information about what you need to do if your car is affected by one! So this morning, i am here to…
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